Robert Half Inc expected to post earnings of 61 cents a share - Earnings Preview

Robert Half

23/04/2024 21:43

* Robert Half Inc  RHI.N   RHI  is expected to show a fall
in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The Menlo Park California-based  company is expected to
report a
13.3% decrease in revenue to $1.488 billion from $1.72 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.The company's guidance on January 30 2024, for the
period ended March 31, was for revenue between $1.44 billion and
$1.54 billion.
    * ​LSEG's mean analyst estimate for Robert Half Inc is for
earnings of 61 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 6 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Robert Half
Inc
is $70.00​, below​ its last closing price of $71.50. ​​​

The company's guidance on January 30 2024 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD1.4976 billion and USD1.6478 billion.The company's guidance
on January 30 2024 for the period ended March 31 was for gross
profit margin between USD37% and USD39%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.83        0.82       0.83      Beat    0.8
 Sep. 30 2023  0.81        0.81       0.90      Beat    11.5
 Jun. 30 2023  1.14        1.14       1.00      Missed  -12​
 Mar. 31 2023  1.13        1.13       1.14      Beat    0.7
 ​​Dec.        1.36        1.36       1.37      Beat    0.6
 31 2022                                                
 Sep. 30 2022  1.63        1.63       1.53      Missed  -6.2​
 Jun. 30 2022  1.59        1.59       1.60      Beat    0.7
 Mar. 31 2022  1.47        1.46       1.52      Beat    4.1
 This summary was machine generated April 23 at 20:43 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)